Commerce Secretary Wilbur Ross, a former banker, was caught lying on his financial disclosures about whether he had divested of bank stock, CNN reported Tuesday.

CNN chief national security correspondent Jim Sciutto reports that disclosure Ross provided to the Office of Government Ethics “was not accurate.”

New: Commerce Secretary Wilbur Ross violated his ethics agreement and submitted a financial disclosure form that “was not accurate,” according to the Office of Government Ethics. Ross reported he had sold bank stock that other reports indicate he did not sell.